Interfor Corp expected to post a loss of 51 cents a share - Earnings Preview

Interfor

03/05/2023 03:08

* Interfor Corp  IFP.TO   is expected to show a fall in
quarterly
revenue when it reports  results on May 4. 
    * The Burnaby British Columbia-based  company is expected to
report  a 42.3% decrease in revenue to C$779.033 million from
C$1.35 billion a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Interfor Corp is
for a
loss of 51 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Interfor
Corp is
C$33.5​, above​ its last closing price of C$20.56. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  -1.17       -0.84      -1.62     Missed  -92.4
 Sep. 30 2022  0.75        0.71       0.58      Missed  -18.3
 Jun. 30 2022  4.45        4.32       5.11      Beat    18.2​
 Mar. 31 2022  7.08        7.04       6.61      Missed  -6.1
 ​​Dec.        1.21        1.24       1.29      Beat    4.4
 31 2021                                                
 Sep. 30 2021  0.54        0.59       0.74      Beat    25.4​
 Jun. 30 2021  6.43        6.06       6.67      Beat    10.1
 Mar. 31 2021  4.10        4.08       4.11      Beat    0.8
 This summary was machine generated May 3 at 02:07 GMT.  All
figures in Canadian dollars  unless otherwise stated